Masters Degrees in Probability

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About Probability

Masters degrees in Probability involve advanced study of the calculation of chance through mathematical methods. In other words, they aim to help you measure the likelihood of the occurrence of certain events.

Why study a Masters in Probability?

Probability is a key practice in many fields, and is particularly helpful in negotiating the operations of activities within different sectors and professional practices, either to try and stop events from happening or increase the chances of them occurring.

This includes areas such as Environmental Science, particularly in relation to weather predictions, climate change and biodiversity. By surveying and collecting data about our current landscapes, professionals can estimate how likely it is that certain events will occur, and often the rate at which will they will happen. The extinction of a species is a common example of this.

Other fields include Actuarial Science, whereby financial investors can try to predict shortfalls in stocks or profits, and help to boost economic activity in areas such as insurance, banking and loans.

You may also be employed in industries such as healthcare, defence, aerospace, automotives, artificial intelligence and retail.

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The Financial Mathematics MSc enables graduates and professionals with a strong mathematical background to research, develop and apply quantitative and computational techniques to investment and risk management.
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You can study this Mathematical Sciences MSc programme full-time or part-time. It offers students the opportunity to specialise in a broad range of areas across pure and applied mathematics, statistics and probability, and theoretical physics.
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Mathematical finance is an area of applied mathematics where concepts and techniques that lie close to the heart of pure mathematics are applied routinely to solve a great variety of important practical problems arising in the day-to-day business of the world's financial institutions.
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This MSc programme, which has been designed in conjunction with leading risk professionals, aims to meet the growing demand for professionals who are highly skilled in quantitative risk management.
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This cutting edge MSc programme will equip you with the mathematical, financial and computational skills needed to quantify and manage risk effectively in today’s finance, investment and insurance industries.
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How does a bank check whether your digital signature is a valid one? Do planets move in stable orbits or will they eventually collide? How can a 3D-sphere within the 3D-figures be characterised?.
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Join us to gain both a deep theoretical and conceptual knowledge of finance, together with the requisite high level probability, statistics and mathematics, to enable you to undertake advanced quantitative modelling.
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Excited by the role of mathematics in securing the modern electronics and communications that we all rely on? This intensive MSc programme explores the mathematics behind secure information and communications systems, in a department that is world renowned for research in the field.
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This programme will show you how to use mathematical techniques to tackle real-life problems ranging from scheduling flights and routing mobile phone calls to managing investments and minimising risks.
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